Business: Earnings

Most important of companies to report their 1930 results last week was
General Motors Corp. with earnings of $151,098,000 against
$247,317,000 in 1929. Per share earnings were $3.25, of which $3.04
came from actual operating profits. The year's result was the poorest
since 1925, when $107,070,000 was earned.

Of interest to fewer investors, less important as a business index,
but perhaps the most remarkable 1930 statement yet to appear was that
of Coca-Cola Co. Profits hit a new high record of $13,515,000 against
$12,758,000 in 1929. Gallon sales rose from 26,981,874 to 27,798,730....